1986 1 oz Silver American Eagle Coins

Volume PricingCurrent Spot Price: $17.11

Please be aware that because these coins are several years old, they may have blemishes and/or imperfections and we cannot not guarantee their exact condition.

Each of the 1986 1 oz Silver American Eagle coins contain 1 troy ounce of .999 fine silver and hold a legal tender value of $1 USD. The 1986 1 oz. Silver American Eagle was the very first coin in this series, and a total of 6,839,783 coins were minted that year. These Silver American Eagles are available today in uncirculated condition.

With the federal government facing increasing budget deficits in the 1970s and early 1980s, the administration of President Ronald Reagan pushed for the production of a brand new silver bullion coin. The very first of these coins was the 1986 1 oz. Silver American Eagle coin. It featured two of the most iconic American images around: Lady Liberty and the bald eagle. 1986 was the first year of production, and since then none of the features of this brilliant coin have changed.

The Reagan Administration pushed for legislation to approve the sale of silver bullion coins to help raise money to balance the federal budget. This legislation was first crafted in 1981, but it was not approved until 1985. The initiative paved the way for silver stores to be removed from the Defense National Stockpile and used to mint what would become the official silver bullion coin of the United States.

The 1986 1 oz. Silver American Eagle coins were the first to be produced, with the very first coin struck on October 29, 1986 at the San Francisco Mint. Since then, both the Philadelphia Mint and West Point Mint have contributed to the production of bullion and proof Silver American Eagles.

The obverse and reverse sides of the Silver American Eagles feature the same images they did nearly 30 years ago when the 1986 1 oz. Silver American Eagle was first produced. On the coin’s obverse, Adolph A. Weinman’s “Walking Liberty” is featured. Weinman crafted the image in 1916 for use on the Walking Liberty Half Dollar, a coin produced between 1916 and 1947. On the coin’s reverse, John Mercanti’s heraldic bald eagle is featured. The eagle is set behind a shield, with an olive branch in its right talon and arrows in its left. Above its head, 13 stars representing the 13 original colonies. Mercanti is the chief designer at the US Mint.

If you should require assistance or have any questions about the 1986 1 oz Silver American Eagle coin, call us at 1-888-989-7223. Our staff can also be reached through live chat, email or by filling out the form located on our contact page. Be sure to view all other coins from the Silver American Eagle series which are available in different years and grades.